Tag Archives: Libor

Reading time: 4,300 words, 11 pages, 10 to 17 minutes. I take no joy in being proved correct once again. Matt Taibbi of Rolling Stone has finally figured out that the banksters own you, your Mom, politicians, governments and the … Continue reading →

Reading time: 2,685 words, 6 to 11 minutes. This is a tribute to ordinary working people. Labor Day is an appropriate time to examine the vast gulf of understanding between ordinary working people and our so-called leadership. Events over the … Continue reading →

Reading time: 1,600 words, 4 to 6 minutes The so-called LIBOR scandal is just a distraction from more critical issues. The story is making its way from the financial blogosphere to the ass media. The insidious decline of global economies … Continue reading →

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Gotta love that crusty American Jim Sinclair! For most of this past year I have been skeptical of LIBOR rates (London InterBank Offered Rate – the rate that banks supposedly lend to one another,) that select British banks SELF-REPORT. Banks … Continue reading →

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The slow motion train wreck continues. A) China and India have recently agreed to pay two and three times as much for Potash as last year. Part of the reason is more fertilizer is required to “supercharge” crops to offset … Continue reading →